You see, a golden cross is like a fine-tasting pie at a country fair, designed to lift your spirits. However, the moment this chart started to swagger about, our friend XRP decided to take a downward gander instead! I reckon the momentum was as weak as a soup sandwich, the short-term moving averages drooping sadly, as if they had just learned the fate of their beloved pet goldfish. 🐟
XRP, bless its brave little heart, struggled to keep its momentum, much like a performer at a cabaret trying to steal the limelight but ultimately fell flat. After reaching a dizzying height of $2.88-$2.89, it faced a painful 4% drop as institutions said “not today, darling.” A hearty volume confirmed those levels were a bridge too far! Yet, fear not, buyers valiantly returned to save the day in the $2.81-$2.83 range, lending a helping hand to steady this wayward ship.
This leaves XRP in a rather snug 47-day soirée below the illustrious $3.00 mark, with traders now eying the $2.77 support pivot and looking forward to the SEC’s grand performance in October as potential catalysts. How thrilling! 🎭
According to the oh-so-reliable trade disclosures from last Friday (the day when madness took over the stock market), ARK’s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF) collectively decided to get their share of the crypto pie by snagging over 387,000 shares of BitMine and 144,000 shares of Bullish. I mean, who needs a night out when you can play the stock market? 🍷💃
Under this grand plan, Wetour will start by offering premium chauffeur and airport transfer services to these lucky souls. And yes, they’ll get to use XRP-or Ripple’s RLUSD stablecoin, if they’re feeling particularly exotic. It’s like Monopoly money, but real! Or at least as real as cryptocurrencies ever get. 🤷♂️
The ledger of WLFI reveals that approximately 272 wallets have been placed under restrictions, with about 215 implicated in the notorious phishing dealings and 150 through misguided support channels.
MicroStrategy (MSTR), that titan of Bitcoin, was expected to grace the S&P 500, its name whispered in hushed tones by market sycophants. It ticked all the boxes-market cap, liquidity, public float-yet the index committee, that paragon of impartiality, chose instead to embrace the likes of Robinhood (HOOD), AppLovin, and Emcor Group. 🧠👀
August, that tiresome month when Bitcoin decided to show off its volatility by tumbling 6%, was no deterrent for dear MARA. Instead of trembling in their bespoke leather boots, they cheerfully doubled down on their long-term Bitcoin wager, likely over an expensive whisky.
Analysts are whispering about a “bullish cup-and-handle pattern” and a potential $0.30 target. But let’s be real, if Dogecoin could do that, it would’ve done it by now. Unless, you know, the universe is just waiting for the perfect meme to drop.
Ethereum’s [ETH] price hasn’t gained by much on the back of the market’s growing bullish sentiment. In fact, the altcoin saw gains of just 0.73%. And yet, ETH seemed to be holding strong if its 30-day outlook was looked at.
Within this proclamation, the company boasts it’ll amass 2,500 active Scrypt miners, with 1,000 more rigs eagerly queued up like hopeful suitors at a ball. This, they say, is no mere expansion-oh no-it’s a scale-up seismic enough to rattle the very bones of their newly crypto-obsessed balance sheet. “Ambitious vision to dominate,” they say. Fancy words, prettified for the naive eye, as if mining digital dog coins is akin to conquering the gold rush of old.
